On June 14th, Guolong News reported that Huatai Securities' research report pointed out that with a stable fundamental and highlighted high dividend advantages, Chengdu Bank (601838.SH) investment opportunities are bullish. The company's scale growth rate is at the forefront, the debt cost is expected to be optimized, and the convertible bonds will supplement capital. The estimated 2024 dividend yield ranks second among listed banks, with prominent high dividend features. With the strategic position of the Chengdu-Chongqing economic circle being raised, the regional economic space is broad, Chengdu Bank's operations are stable and far-reaching, its fundamentals are solid, and it ranks steadily in the first echelon of the industry. Its valuation is expected to be benchmarked against the first echelon, giving a 24-year target PB of 1.05 times, a target price of 20.48 yuan, and maintaining a “buy” rating.
研报掘金丨华泰证券：维持成都银行“买入”评级，基本面稳健+高股息优势凸显
Research reports: HTSC maintains a buy rating for Bank of Chengdu, with strong fundamentals and prominent high dividend advantages.
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